You have gained an understanding of BallotOnline’s current IT issues and policies and potential SLA-related gaps in the existing IT policy. Now, you will consider the future or expected growth of BallotOnline’s IT systems.
In growth projection analysis, historical data is combined with research on market and industry trends to predict growth and forecast future requirements. To get you started, Sophia has emailed you the BallotOnline infrastructure over the last five years.
In your forecast, Sophia has recommended that you incorporate an additional 10 percent year-over-year growth for the new projects.
Write a one-page report and submit it to the dropbox below for feedback. This will later become part of the final Cloud Adoption Policy Addendum.
Growth Projection Analysis
Growth projection analysis is done by analyzing the historical growth data and figuring out the growth trend. By leveraging the growth trend, a future growth projection can be made.
You may review the growth of users, servers, networking, and data storage in your IT infrastructure to come up with average growth over a number of years for each component. For example, if on average your user base grew by 20 percent year-over-year for the past three years, that growth may have a direct effect on the infrastructure resources that you will require to support those users.
You should research market and industry trends when projecting growth. For example, if you find that the larger industry is on an upward trend, it may be prudent to project a higher growth than past years. Or if the industry is in a slump, you should project a lower growth, or even a decrease.